Oil and Gas News

Acadian Energy Engages Former Total Executive as Petroleum Engineer/Geology Consultant for New Albany Shale Oil Projects - New Options Awarded

TORONTO, ONTARIO - Acadian Energy Inc. (TSX VENTURE:ACX) -- (the "Corporation") today announced that it has engaged Mr. Tom Dimelow, a 43 year veteran of the Oil and Gas Industry as a consultant. He will provide assistance as a Petroleum Engineer/Petroleum ...
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China EPA Approval to Build Demonstration Plant

QINZHOU, CHINA - AuraSource, Inc. (OTCBB: ARAO), a developer of hydrocarbon clean fuel and material beneficiation technology, today announced that its wholly owned subsidiary, AuraSource Qinzhou Co., Ltd., has received Chinese EPA approval to build an ultra-fine clean coal industrial ...
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Canadian Tire Corporation Renews Agreement With Gilbarco Veeder-Root

GREENSBORO, NC - Canadian Tire Corporation, Limited will install Gilbarco's FlexPay™ EMV solution across their 289 gasoline outlets in Canada. They selected Gilbarco's Encore® S dispensers and retrofit kits in order to meet Europay, Mastercard and Visa (EMV) compliance. ...
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ShaMaran Petroleum Finishes Drilling and Testing the Pulkhana-9 Geological Sidetrack

VANCOUVER, BRITISH COLUMBIA - ShaMaran Petroleum Corp. (TSX VENTURE:SNM)(OMX:SNM) ("ShaMaran" or the "Company") provides the following operational update on the Pulkhana-9ST2 geological sidetrack. The Pulkhana-9 original hole reached a Total Depth ("TD") of 2333 meters in the Cretaceous Balambo formation. A comprehensive testing ...
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Pengrowth Energy Corporation Confirms Pipeline Leak at Judy Creek Field

CALGARY, ALBERTA - On December 15, 2011, Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) became aware of a leak on one of its wellsite pipelines in a remote location at its Judy Creek field that resulted in a subsequent release of approximately 1,900 ...
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Enbridge Completes Acquisition of Majority Interest in Cabin Gas Plant Development

CALGARY, ALBERTA - Enbridge Inc. (TSX:ENB) (NYSE:ENB) announced today the closing of its acquisition of a 71.0% interest in Phases 1 and 2 of the Cabin Gas Plant Development which together will be capable of processing 800 million cubic feet per ...
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SEACOR Response, Alpha Briggs and OSRA Greece Sign Agreement to Provide Supplementary Oil Spill Resources in the Event of Incidents in the Mediterranean

MILTON KEYNES, ENGLAND - SEACOR Response Ltd., a global provider of emergency preparedness and response solutions, Alpha Briggs Mediterranean Ltd, a provider of oil spill services based in Malta, and OSRA Greece Ltd, a company registered in Greece to provide ...
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Daylight Series D Debentureholders Approve Plan of Arrangement With Sinopec International Petroleum Exploration and Production Corporation

CALGARY, ALBERTA - Daylight Energy Ltd. ("Daylight") (TSX:DAY) is pleased to announce that the holders of Daylight's 6.25% series "D" convertible debentures (the "Series D Debentures") have approved the special resolution relating to the proposed acquisition of Daylight by Sinopec International Petroleum Exploration ...
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TAB Bank Provides Cox Logistics With a $2.5 Million Credit Facility

OGDEN, UT - TAB Bank is pleased to announce that it has provided Cox Logistics, LLC of Lone Star, TX with a $2.5 million credit facility based on accounts receivable. This new multi-year agreement gives Cox Logistics the liquidity it needs ...
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Innosuisse Corp. and Noxel AG Join Forces to Birth a New Dynamic and Technologically-Advanced Noxel Corporation Through Acquisition of Assets

LAS VEGAS, NV - Innosuisse Corp. (PINKSHEETS: INSE) announced today that it obtained majority shareholder approval from its shareholders and the majority shareholders of Noxel AG (Switzerland), to acquire all assets and intellectual property rights from Noxel AG. A majority ...
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Production of the penny ends this year and it's gradually being phased out of public circulation. Is the government doing the right thing?